Weighted Average Common Shares

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Weighted Average Common Shares

6.  Weighted Average Common Shares

The Net income (loss) and weighted average number of common shares used in the basic and diluted earnings per share computations were as follows:  

	Three Months Ended
	March 31,
	2017			2016
	(In millions)
Net income (loss) attributable to Hess Corporation Common Stockholders:
Net income (loss)	$	(296	)	$	(488	)
Less: Net income (loss) attributable to noncontrolling interests		28			21
Less: Preferred stock dividends		12			6
Net income (loss) attributable to Hess Corporation Common Stockholders	$	(336	)	$	(515	)

Weighted average number of common shares outstanding:
Basic	313.9	299.8
Effect of dilutive securities
Restricted common stock	—	—
Stock options	—	—
Performance share units	—	—
Mandatory Convertible Preferred stock	—	—
Diluted	313.9	299.8

The following table summarizes the number of antidilutive shares excluded from the computation of diluted shares:

	Three Months Ended
	March 31,
	2017		2016
Restricted common stock		3,126,222		3,036,611
Stock options		6,298,896		6,720,462
Performance share units		313,004		885,939
Common shares from conversion of preferred stocks		12,547,650		7,214,291

During the three months ended March 31, 2017, we granted 1,206,732 shares of restricted stock (2016 Q1: 1,596,742), 438,980 performance share units (2016 Q1: 433,170) and 662,819 stock options (2016 Q1: 805,068).